The US government – including Congress, the Federal Reserve, the Treasury Department, and the Small Business Administration – has established multiple programs and initiatives to stabilize credit markets, to preserve payrolls, and to help companies and nonprofit entities of various sizes and types cope with economic pressures resulting from the COVID-19 pandemic. Milbank’s COVID-19 Task Force has published a helpful diagram showing at a glance how these programs interrelate. The chart includes links to more detailed Milbank analyses and to government term sheets, FAQs and other external resources. Click here to view the COVID-19: Federal Response at a Glance.
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